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HomeMy WebLinkAbout1996-R-22 CONFI~ING RESOLUTION NO. 96-R-22 A RESOLUTION CONFIRMING THE DESIGNATION OF A CERTAIN AREA OF THE CITY OF JEFFERSONVILLE, INDIANA, AS AN "ECONOMIC REVITALIZATION AREA" WHEREAS, on April 15, 1996 by Resolution No. 96-R-20, the Common Council of the City of Jeffersonville gave initial approval for the designation of a certain area within the City of Jeffersonville, Indiana, as an economic revitalization area pursuant to I.C. 6-1.1-12.1 through I.C. 6-1.1-12.1-12 and, WHEREAS, the Common Council of the city of Jeffersonville, Indiana recognizes the need to stimulate growth and to maintain a sound economy within the city of Jeffersonville, and, WHEREAS, this area is located within the corporate limits of the City of Jeffersonville in an older section of the city commonly known as "Claysburg." Said area has, for a number of years, been undesirable for normal development and occupancy because of the lack of development, cessation of growth, deterioration of improvements and substandard buildings. The specific land area for which the economic revitalization area designation is being requested currently is partially vacant and partially low income residential housing which has been unusable for normal development over the past 20-30 years as a result of the character of the land, age of the housing, location and restricted development area, along with other factors which have impaired values or prevented a normal development or use of the property, and, WHEREAS, the Common Council of the City of Jeffersonville recognizes that providing incentives to local development in under- utilized or distressed areas would be in the City's best interest, and, WHEREAS, the Common Council of the city of Jeffersonville further recognizes that it would be beneficial to designate a certain qualified area within the city as an economic revitalization area for the purpose of considering deductions against the assessed value of property for real property tax purposes, and, WHEREAS, the Common Council of the City is vested with the authority to designate certain areas of the City to be economic revitalization areas; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the city of Jeffersonville, Indiana, that: 1. A public hearing has been held with regard to the requested designation of the area described herein as an Economic Revitalization area (namely): That area bounded by 14th Street, Duncan Avenue, 15th Street and the existing Spring Hill Commons area as is shown on Exhibit A and the attached map. 2. That pursuant to the provisions of Indiana law, this area is hereby designated by the Common Council of the City of Jeffersonville as an Economic RevitalizationArea. Passed and adopted this 6th Common Council of the City of Indiana. day of May , 1996, by the Jeffersonville, Clark County, PRESIDING OFFICER OF THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE ATTES I c, C. RICHARD SPENC]~, JR. // ~" CLERK-TREASURER ~ ~/ Presented by me as Clerk-Treasurer to the Ma. yor of the city of Jeffersonville, Indiana, this 6th day of May, 1996. Approved and signed by me this 6th da~ of M~/~, /~9~6/~ ~ M~yOR THOMAS R. GALLI~N